Pressuring Mortgage Companies to Give Loans

 So there's a few things to talk about at the start of a new week.  First, what is free market capitalism?  I was under the impression that is was basically a country that allowed companies to thrive or fail on their own with minimal government involvment.  Well what do you know, I just happened upon a dictionary here.  So lets look up the defenition real quick just to see if I'm crazy.  "a market which is free from government intervention."  Wow, I was pretty close.  So isn't that close to what America was supposed to be founded on?  Don't get me wrong, I have no problem with the government helping its people with social works when the economy is in the pits every now and then.  I mean, that's just the natural way of things, the economy goes up and down, as hard as it is for some people, its healthy for the economy.  After all, there's a reason America is the richest nation in the world, it had an opportunity to grow based on free market capitalism.  But what's starting to happen now is people want to be the saviors of the world and come up with the quick fix to the problems.  Whats the latest and greatest idea?  Certain elements in the government want to start pressuring banks and other mortgage companies to make loans faster.  Now, again, I may be crazy, but that's, more or less, how we ended up in this recession in the first place.  Banks over extended themselves to too many people, some of whom weren't ready to take on the mortgages in the first place.  The result?  Bear Stearns, Countrywide, Lehman Brothers, and several other large financial firms fell.  Now, was this the governments fault? No, by no means, these companies took the risks and the gamble didn't pay off.  However, if the government begins forcing banks to give out loans before they're prepared to do so, they will begin seeing more banks failing, causing more financial panic, and possibly forcing the government to attempt another bailout.  After all, quite a few of these major banks have finally posted quarterly earnings in the black this quarter for the first time since the beginning of the recession.  Don't forget the companies that are still reporting numbers in the red, also!  The banks and financial industry seems to be coming around, just like they have in all the recessions of the past.  Lets just let the natural way of things take place and not try to force anything to happen.  History repeats itself, and history has shown us that free market capitalism dips from time to time and makes sure it will recover itself.  Lets hope they let history repeat itself once again, and we'll be back to a healthy economy in no time.